The median home value in Detroit, MI is $82,000.
This is
lower than
the county median home value of $150,000.
The national median home value is $308,980.
The average price of homes sold in Detroit, MI is $82,000.
Approximately 39% of Detroit homes are owned,
compared to 37% rented, while
24% are vacant.
Detroit real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Detroit real estate agent to arrange a tour today!
Learn more about Detroit.
Open House:
Sunday, 4/28 12:00-2:00PM
BRAND NEW CONSTRUCTION! June Completion. 5 Units SOLD on Grand Opening Day! Do not miss out on the opportunity to get in on these stunning new townhomes on a beautiful tree lined street in Woodbridge. These homes are packed with included features like GE SS appliances, 9 ft ceilings, Attached garage, quartz countertops, FLEX room, Luxury vinyl plank flooring, fireplace with feature wall, 96% high efficiency HVAC, humidifier, HUGE windows, Electric Vehicle charger level 2 prep in garage, a balcony deck and patio, bedroom level laundry, just all around AMAZING open concept floorplan with tons of natural light. Just blocks from Wayne State University, Pie Sci Pizza, Woodbridge Pub, Bash and Lexington Bar. Short distance to all Detroit hospitals. Plus NEZ taxes for 15 years. Dog friendly! Robertson Homes has been building in MI for over 77 years and every home comes with a warranty and pre-set warranty inspections in the first year. June completion. Perfect for Match Day! Ask about our 0% down Financing!
Open House:
Sunday, 4/28 12:00-2:00PM
BRAND NEW CONSTRUCTION! June Completion. 5 Units SOLD on Grand Opening Day! Do not miss out on the opportunity to get in on these stunning new townhomes on a beautiful tree lined street in Woodbridge. These homes are packed with included features like GE SS appliances, 9 ft ceilings, Attached garage, quartz countertops, FLEX room, Luxury vinyl plank flooring, fireplace with feature wall, 96% high efficiency HVAC, humidifier, HUGE windows, Electric Vehicle charger level 2 prep in garage, a balcony deck and patio, bedroom level laundry, just all around AMAZING open concept floorplan with tons of natural light. Just blocks from Wayne State University, Pie Sci Pizza, Woodbridge Pub, Bash and Lexington Bar. Short distance to all Detroit hospitals. Plus NEZ taxes for 15 years. Dog friendly! Robertson Homes has been building in MI for over 77 years and every home comes with a warranty and pre-set warranty inspections in the first year. June completion. Perfect for Match Day! Ask about our 0% down Financing!
Open House:
Sunday, 4/28 12:00-2:00PM
3 Income Properties for the Price of 1 & 3 lots totaling $24,900. Addresses include 5709, 5761, 5767, 5773, and 5781 Missouri. Close to historic Grand River, Downtown, Motown Museum, city parks, major freeways and more! Homes will not be sold separately, NO Exceptions! Each deed shall represent a sale price of $8,300 per property. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
3 Income Properties for the Price of 1 & 3 lots totaling $24,900. Addresses include 5709, 5761, 5767, 5773, and 5781 Missouri. Close to historic Grand River, Downtown, Motown Museum, city parks, major freeways and more! Homes will not be sold separately, NO Exceptions! Each deed shall represent a sale price of $8,300 per property. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 7 lots are included in the sale, 4745, 4757, 4763, 4769, Tillman and 4770, 4762 and 4752 23rrd. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 7 lots are included in the sale, 4745, 4757, 4763, 4769, Tillman and 4770, 4762 and 4752 23rrd. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
3 Income Properties for the Price of 1 & 3 lots totaling $24,900. Addresses include 5618, 5761, 5767, 5773, and 5781 Missouri. Close to historic Grand River, Downtown, Motown Museum, city parks, major freeways and more! Homes will not be sold separately, NO Exceptions! Each deed shall represent a sale price of $8,300 per property. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
3 Income Properties for the Price of 1 & 3 lots totaling $24,900. Addresses include 5618, 5709, 5767, 5773, and 5781 Missouri. Close to historic Grand River, Downtown, Motown Museum, city parks, major freeways and more! Homes will not be sold separately, NO Exceptions! Each deed shall represent a sale price of $8,300 per property. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
3 Income Properties for the Price of 1 & 3 lots totaling $24,900. Addresses include 5618, 5709, 5767, 5773, and 5781 Missouri. Close to historic Grand River, Downtown, Motown Museum, city parks, major freeways and more! Homes will not be sold separately, NO Exceptions! Each deed shall represent a sale price of $8,300 per property. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
3 Income Properties for the Price of 1 & 3 lots totaling $24,900. Addresses include 5618, 5761, 5767, 5773, and 5781 Missouri. Close to historic Grand River, Downtown, Motown Museum, city parks, major freeways and more! Homes will not be sold separately, NO Exceptions! Each deed shall represent a sale price of $8,300 per property. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
BRAND NEW CONSTRUCTION! This luxury townhouse condo is an end unit with 2 car attached garage & full basement, located just minutes from DMC, Henry Ford Hospital, Wayne State University, Midtown & Corktown in the historic Woodbridge neighborhood. Large open first floor with 9 foot ceilings include hardwood throughout. This spacious layout fulfills all of your entertaining needs as the party continues with 2 outdoor living spaces - covered front porch and large patio off the kitchen. 2nd floor laundry. Oversized 2 car attached garage with extra storage alcove and full basement for all your storage needs. Basement is prepped for bathroom and ready to finish. We have carefully curated the interior features to include the most current finishes and details. Kitchen features white cabinets and a large island. Stainless appliances, expansive hardwood, ceramic in all baths. Property taxes reduced with NEZ tax exemption. Model available at 4321 Lincoln St.
BRAND NEW CONSTRUCTION! This luxury townhouse condo is an end unit with 2 car attached garage & full basement, located just minutes from DMC, Henry Ford Hospital, Wayne State University, Midtown & Corktown in the historic Woodbridge neighborhood. Large open first floor with 9 foot ceilings include hardwood throughout. This spacious layout fulfills all of your entertaining needs as the party continues with 2 outdoor living spaces - covered front porch and large patio off the kitchen. 2nd floor laundry. Oversized 2 car attached garage with extra storage alcove and full basement for all your storage needs. Basement is prepped for bathroom and ready to finish. We have carefully curated the interior features to include the most current finishes and details. Kitchen features white cabinets and a large island. Stainless appliances, expansive hardwood, ceramic in all baths. Property taxes reduced with NEZ tax exemption. Model available at 4321 Lincoln St.
Excellent long-term investment. Location location location!! Only a 5-minute drive to Wayne State University (or a 15-minute bike ride), this remodeled 4-bedroom colonial is the perfect buy-and-hold addition to an investment portfolio or an AMAZING primary residence. With close proximity to major freeways, this property is in a PRIME LOCATION (7 minutes from Downtown Detroit, 5 minutes from Motown Museum and 15 minutes from the nearest Target). Easy access to various grocery stores, restaurants, shopping, and entertainment options. NEW ROOF, NEW SIDING, NEW ELECTRICAL, NEW PLUMBING, NEW FURNACE, NEW HOT WATER TANK, NEW FLOORING THROUGHOUT, NEW PORCH, NEW DECK, NEW KITCHEN, NEW BATHROOMS and a restored foundation with NEW CINDER BLOCKS. With just a few additional minor cosmetic touches, this super affordable property is perfect! This property is being sold as-is. The current market rental rate for a property of this stature, in this neighborhood, is $1200-1500 per month. Research the real estate activity happening in the neighborhood and you'll be pleased with what you find. Purchase this property and watch your equity grow year after year after year! Dont miss your opportunity!
Excellent long-term investment. Location location location!! Only a 5-minute drive to Wayne State University (or a 15-minute bike ride), this remodeled 4-bedroom colonial is the perfect buy-and-hold addition to an investment portfolio or an AMAZING primary residence. With close proximity to major freeways, this property is in a PRIME LOCATION (7 minutes from Downtown Detroit, 5 minutes from Motown Museum and 15 minutes from the nearest Target). Easy access to various grocery stores, restaurants, shopping, and entertainment options. NEW ROOF, NEW SIDING, NEW ELECTRICAL, NEW PLUMBING, NEW FURNACE, NEW HOT WATER TANK, NEW FLOORING THROUGHOUT, NEW PORCH, NEW DECK, NEW KITCHEN, NEW BATHROOMS and a restored foundation with NEW CINDER BLOCKS. With just a few additional minor cosmetic touches, this super affordable property is perfect! This property is being sold as-is. The current market rental rate for a property of this stature, in this neighborhood, is $1200-1500 per month. Research the real estate activity happening in the neighborhood and you'll be pleased with what you find. Purchase this property and watch your equity grow year after year after year! Don't miss your opportunity!
AMAZING REDEVELOPMENT OPPORTUNITY ON THIS 27 UNIT BUILDING IN THE GRAND BLVD/ MCGRAW CORRIDOR. WEST OF WAYNE STATE, WOODBRIDGE, NW GOLDBERG AND SOUTH OF CORKTOWN. MANY DEVELOPMENTS PLANNED IN THE AREA. THE BUILDING NEEDS A FULL REHAB. GREAT UNIT MIX AND GENEROUS APARTMENTS SIZES. ADDITIONAL SPACE IN THE LOWER LEVEL TO ADD UNITS. SELLER HAS PLANS FOR AN ADDITIONAL NEW 38 UNIT BUILDING AND SEVERAL TRI PLEXES NEXT DOOR.Expenses estimated at 6% mgmt fee = $19,872. Taxes $20,000. Insurance $15,000. Rehab estimated at $1 Million. Total $1,675 Million (16.7 Cap)
65 Unit apartment. Needs full rehab. Parking in rear.Income and expenses are estimated.20 Studios @ $800= $16,00045 1 bedrooms @ $900 = $40,500. Total monthly income $56,500. Mgmt Fee 6%= $40,680, Taxes $15,700, Ins $20,000, untilities $5,000.
Experience Luxe Living in Historic Woodbridge: Brand New Condos Await! Step into modern grandeur in the heart of history! These stunning new-construction condos in Woodbridge offer the perfect blend of contemporary style and timeless charm. Immerse yourself in spacious comfort with soaring 10-foot ceilings and an abundance of natural light. Live sustainably and efficiently: These condos are designed with the planet in mind, featuring ultra-energy-efficient features like closed-cell foam insulation, high-performance heat pumps, and Energy Star-rated windows. Your wallet and the environment will thank you! Sophisticated Kitchens, Luxe Baths:Whip up culinary masterpieces in the beautifully appointed kitchens, boasting maple cabinetry, sleek granite countertops, and stainless steel appliances. Designer bathrooms with ceramic tile and soaking tubs invite you to unwind in style. Hardwood floors throughout add a touch of warmth and elegance.Bonus Perks: Enjoy the convenience of one included off-street parking spot and explore the vibrant Woodbridge neighborhood with ease. Need extra storage? Secure a dedicated cage for a small monthly fee.Don't miss your chance to be among the first to experience this exceptional blend of luxury and history in Woodbridge!Key Highlights:Brand new construction with a modern yet timeless aesthetic10-foot ceilings and ample natural lightUltra-energy-efficient features for low-impact livingGourmet kitchens with granite countertops and stainless steel appliancesLuxe bathrooms with designer finishesHardwood floors throughoutOne off-street parking spot includedAdditional storage available (10x10 in basement. builder can build cage for 3k)Ideally located in Historic WoodbridgeContact us today to schedule your viewing and discover your new dream home!HOA Includes: Water, trash, central monitored alarm through Brinks home security with Wayne State University PD response, lawn care and snow removal.
Experience Luxe Living in Historic Woodbridge: Brand New Condos Await! Step into modern grandeur in the heart of history! These stunning new-construction condos in Woodbridge offer the perfect blend of contemporary style and timeless charm. Immerse yourself in spacious comfort with soaring 10-foot ceilings and an abundance of natural light. Live sustainably and efficiently: These condos are designed with the planet in mind, featuring ultra-energy-efficient features like closed-cell foam insulation, high-performance heat pumps, and Energy Star-rated windows. Your wallet and the environment will thank you! Sophisticated Kitchens, Luxe Baths: Whip up culinary masterpieces in the beautifully appointed kitchens, boasting maple cabinetry, sleek granite countertops, and stainless steel appliances. Designer bathrooms with ceramic tile and soaking tubs invite you to unwind in style. Hardwood floors throughout add a touch of warmth and elegance.Bonus Perks: Enjoy the convenience of one included off-street parking spot and explore the vibrant Woodbridge neighborhood with ease. Need extra storage? Secure a dedicated cage for a small monthly fee.Don't miss your chance to be among the first to experience this exceptional blend of luxury and history in Woodbridge!Key Highlights:Brand new construction with a modern yet timeless aesthetic10-foot ceilings and ample natural lightUltra-energy-efficient features for low-impact livingGourmet kitchens with granite countertops and stainless steel appliancesLuxe bathrooms with designer finishesHardwood floors throughoutOne off-street parking spot includedAdditional storage available (10x10 in basement. builder can build cage for 3k)Ideally located in Historic WoodbridgeContact us today to schedule your viewing and discover your new dream home!HOA Includes: Water, trash, central monitored alarm through Brinks home security with Wayne State University PD response, lawn care and snow removal.